retiring ifa for sale in yorkshire
MODESTLY SCALED DIRECTLY AUTHORISED ADVISORY BUSINESS AVAILABLE FOR ACQUISITION – NEWCASTLE – c£16 FUM – Ref 236
July 15, 2020
ifas for sale in north west
Long established independent financial advisory business – North & North West of England – c£56m FUM – Ref 234
July 2, 2020

MODESTLY SCALED DIRECTLY AUTHORISED ADVISORY BUSINESS AVAILABLE FOR ACQUISITION – SOMERSET – c£16 FUM – Ref 235

retiring ifa for sale in south west

Background

 

A modestly scaled DA advisory business – long established by the Principal following a successful within leading Blue Chip Financial Services organisations.

Loyal client portfolio with an aggregate holding of c£230k – all located within the Counties of Somerset and Exeter.

Recurring income of c£85k plus trail of £15k. A 0.5% client charging model.

Fully FCA compliant with a cautious and vanilla attitude to risk. No “High Risk” product sales.

 

Requirement

 

Balancing the requirements of the Regulator whilst remaining fully compliant and commercially viable is beginning to impact the client experience.

Wishing to remain in an advisory capacity for the medium term a “Sell & Stay” opportunity is sought introducing c£16m of client monies at a market rate to the acquirer firm.

It is hoped deal terms can be reached during 2020.

 

Consideration

 

Interest is invited from acquirers with similar high standards of client service and a presence in the South West of England.

A headline valuation of c£300-325k is sought as a share purchase enabling the vendor ETR eligibility.

On going employment terms are subject to negotiation and separate contract.

Express Interest

Interested and would like to learn more?
Call us on 0333 555 6000 or contact us here.




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